266 Slades Ferry Ave Somerset, MA 02726

Property Details for 266 Slades Ferry Ave

Year built

1948

Lot size

0.21 lot acres

Property size

1,196 SF

Zone code

C

Property type

Gas stations

APN

SOME M:0B4 L:0229

APU

SOMEM0B4L0229

Description

This exceptional 0.52-acre commercial lot at 266 Slades Ferry Ave, Somerset, MA, presents a remarkable opportunity for high-impact business development. Situated on a major intersection with a four-way traffic light on Route 6, this property boasts unparalleled visibility and accessibility. The site has already been graded and prepared for immediate construction, eliminating significant upfront development costs. Currently zoned as limited business, the property is also subject to the Slades Ferry District by-law 9.5.5 use regulations (reviewable on the Town of Somerset website). This by-law allows for mixed-use development, potentially incorporating commercial space on the lower levels and residential units above, as illustrated in a provided concept plan. Alternatively, a zoning change application could revert the property to a standard business zone. The lot features four existing curb cuts, along with readily available town water, sewer, and gas services. While public parking is located approximately 600 feet away, the property's strategic location within a thriving commercial area, surrounded by established businesses such as Starbucks, Home Depot, Dunkin' Donuts, Kentucky Fried Chicken, Sonic, hotels, and Stop & Shop, ensures high foot and vehicle traffic. The owner is open to both outright sale at $799,000 or a land lease arrangement, offering flexibility to suit various investment strategies.

Location Insight

City

Somerset

County

Bristol

State

Massachusetts

Longitude

-71.161

Latitude

41.7281

CBSA code

39300

CBSA name

PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments